My attempt to learn how to do "swing trading", which is holding stocks for about ten days at a time.

Tuesday, 25 December 2012

Week of 2012 DE 21

SPY rose by 0.6% this
week, whjile my account fell by the same amount.
The loss-floor fell to -6.5%.

US news: On Thursday night, Speaker Boehner of the US House of
Representatives announced that attempts to avert the Fiscal Cliff had
failed. The futures market briefly plunged, then recovered. I expect the
market will be going back down soon, but who knows? Maybe the Obama
Administration will continue with stealth money-printing until the
re-inauguration, then allow all Hell to finally break loose.

Friday’s allocations:

Daily % gain

size

│

Max loss

Sym

Buy

│

Fri

Mon

Tue

Wed

Thu

Fri

│

Beg

End

IAU

AU14

│

+0.7

14

+0.7

14

+0.5

13

+0.5

13

+0.4

13

+0.4

13

│

+0.1

+0.1

SRTY ¹

DE13

│

-0.2

15

-0.2

15

-0.2

15

-0.2

0

│

SRTY ²

DE17

│

-0.3

15

-0.3

15

-0.3

15

-0.3

0

│

-0.3

-0.3

TNA

DE18

│

+0.2

15

+0.2

15

+0.4

15

+0.1

15

│

-1.1

-0.3

SRTY ³

DE21

│

-0.2

15

│

-0.4

-0.4

SPY

│

+13.2

+14.6

+15.8

+15.0

+15.6

+13.8

│

me

│

-5.4

-5.7

-5.7

-5.6

-5.6

-6.0

│

floor

│

-5.9

-6.2

-7.4

-7.0

-6.8

-6.5

│

SRTY ¹: Leftover trade from last week.

SRTY ²: Stopped out. The market very quickly reversed
direction.

SRTY ³: Hope for next week.

Stock-trading robot

TickerSymbol

Buy date

Buy price

Sell date

Sell price

Acct Profit

Model

Actual

M

A

Model

Actual

M

A

M

A

SRTY ²

DE 17 11:00

$36.99

DE 17 12:00

DE 17 11:40

$36.40

$36.29

-0.3%

TNA

DE 18 11:00

$62.49

$62.51

DE 21 11:00

$63.12

$63.08

+0.1%

SRTY ³

DE 21 11:00

$34.43

(Not yet)

Gold Trading

Almost all the profit has evaporated from my IAU holding.
Technically, there is little excuse for gold to go any lower unless it’s
going to crash. If it does, hopefully my stop-loss will get me out of it
with a miniscule profit, in which case the whole thing will have been merely
a waste of time.